Multiple Choice
Other things equal,how do relatively poor countries tend to grow?
A) They grow slower than relatively rich countries; this is called the poverty trap.
B) They grow slower than relatively rich countries; this is called the Malthus effect.
C) They grow faster than relatively rich countries; this is called the catch-up effect.
D) They grow faster than relatively rich countries; this is called the constant-returns-to-scale effect.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Which of the following best describes changes
Q55: If the number of workers in an
Q61: The catch-up effect says that countries with
Q64: What is an effect of inward-oriented policies?<br>A)
Q107: Why are Canadian workers more productive than
Q109: Which statement best characterizes the variations in
Q121: For background, read the article "Fruit pickers:
Q123: Which statement best defines productivity?<br>A) Productivity is
Q164: Which statement best defines proprietary technology?<br>A) It
Q179: What would an economist call the saws,lathes,and